Brief: Plazza H1 Profit Up At CHF 14.2 Mln

Plazza AG

30/08/2019 06:39

Aug 30 (Reuters) - Plazza AG  PLANZ.S :
    * H1 PROPERTY INCOME WAS UP 39% YEAR-OVER-YEAR THANKS TO
RISING
RENTAL INCOME
    * H1 PROFIT UP NEARLY 23% TO CHF 14.2 MILLION
    * H1 OPERATING PROFIT UP 50 % TO CHF 9.2 MILLION
    * OUTLOOK 2019: CONTINUES TO EXPECT AN INCREASE IN REAL
ESTATE
REVENUE OF AROUND 15%.
    * OUTLOOK 2019: INCREASE IN PROFIT BEFORE REVALUATION SEEN
AT
LEAST 10% (EXCLUDING SPECIAL EFFECTS FROM 2018)

Source text for Eikon:  ID:nNDL4rtt3g 
Further company coverage:  PLANZ.S 

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